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Listed price in listed location currency (USD).
$1,687,000

432

MLS® 2026005751

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2491 sqft
Garage Yes
Taxes $11,135
Days Active 1
Lot Size 0.315 acres
Approx. Age 1965
Avg. Price Per Sqft $677
MLS® Number 2026005751

Property Address: 505 Lighthouse Way, SANIBEL, FL, 33957

Average square foot calculated using Size range provided by listing agent.

Description

Premier opportunity offered on Lighthouse Way, one of Sanibel’s most premier East End streets, this property presents a rare opportunity to create a custom waterfront residence in a location where finished homes consistently command top-tier value. Just minutes to the Gulf with deep-water, direct-access boating, the property features a seawall, generous dock area, a 16, 000-lb boat lift, and two additional davits, a true boater’s setup seldom available on the East End. The home offers all-concrete block construction on both the first and second floors, providing a solid structural base for future plans. A new $90, 000 commercial-grade standing-seam metal roof and fascia are already in place, representing a significant investment and a meaningful head start for the next owner. Outdoor elements include a pool and spa footprint, mature tropical landscaping, and space for outdoor living and entertaining, ready to be reimagined to today’s standards. The East End location allows for easy on-and-off island access, avoiding mid-island traffic, while remaining within walking distance to the Sanibel Lighthouse, beaches, restaurants, shops, and local favorites. This is a rare chance to secure a Lighthouse Way address with direct Gulf access and build or renovate to suit your vision. Owner financing available.
MLS® Number2026005751
Laundry Level
Central VacNo
FireplaceNo
Acreage0.315
Exterior
GarageYes
Approx. Age1965
Basement
DrivewayDriveway Paved, Attached
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 4, 2026List Date
$1,687,000List Price

Home Appraisal

This property is estimated to sell between: $1,066,000 and $1,998,000.
Similar properties in this area sold on average for: $1,066,666
Expected to sell in 163 days. Similar properties sold in 164 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
505 Lighthouse Way, SANIBEL, FL

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